Wednesday, September 10, 2008

Beer drinkers sue to stop InBev-Bud merger

Why is this important, I have no idea...maybe because i saw the word beer...mMmm...

ST. LOUIS - Ten angry beer drinkers are trying to derail the largest brewery takeover in history.

The group filed a federal lawsuit Wednesday claiming Belgium-based InBev’s $52 billion purchase of Anheuser-Busch Cos. Inc. would violate U.S. antitrust law if completed as planned in the coming months.

The suit, filed in Anheuser-Busch’s hometown of St. Louis, does not seek financial damages but asks a judge to block the deal. The Department of Justice often reviews large acquisitions to determine if they are legal under U.S. law. But attorneys behind the lawsuit said they want to halt the deal regardless of the verdict in Washington.
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Tuesday, September 9, 2008

The end of the world?

If this isn't news...I don't know what is. If this project goes wrong and the protons decide to go berserk (I don't know the term behind it) we're all going to be pretty much turned inside out! It was nice knowing you guys!

The end of the world?
Posted by Zack Whittaker @ 6:11 pm

Probably not.

Today (Wednesday, well it is for me anyway), we see the first beam test of the LHC, the Large Hadron Collider, in the CERN’s labs in Switzerland. The point of this, quite frankly, bloody huge experiment is to try and recreate the Big Bang on a small scale, to then see how the Universe was created.

Sounds a little dangerous and there has been much controversy over how safe this is, but we’ll get to that later. By creating a really tiny Big Bang, they’ll hopefully see how the Universe started and trace back to the very start, even before the biggest implosion/explosion the Universe has and probably will ever see.

Some background: we already have a “Standard Model” of physics, the basic core elements of everything we see and touch, including nuclei, atoms, photons, quarks, electrons and suchlike. However the problem these physicists face is knowing where these originally came from. They have this theory that they all came from one bigger particle, called the “Higgs boson”, named after Prof. Peter Higgs who first thought it up.


So after nearly a decade of work, construction, digging and thinking, they’ve created the biggest and most advanced particle accelerator the world has ever seen. Today, they’re turning it up to “11″.

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Monday, September 8, 2008

GOOGLE MAY BE CHALLENGED BY DEPT OF JUSTICE OVER ADVERTISING...Developing

Top Lawyer Is Selected
As U.S. Mulls Google Suit
By JOHN R. WILKE
September 9, 2008

Washington -- The Justice Department has quietly hired one of the nation's best-known litigators, former Walt Disney Co. vice chairman Sanford Litvack, for a possible antitrust challenge to Google Inc.'s growing power in advertising.

Mr. Litvack's hiring is the strongest signal yet that the U.S. is preparing to take court action against Google and its search-advertising deal with Yahoo Inc. The two companies combined would account for more than 80% of U.S. online-search ads.

Google shares tumbled 5.5%, or $24.30, to $419.95 in 4 p.m. trading on the Nasdaq Stock Market, while Yahoo shares were up 18 cents to $18.26.

For weeks, U.S. lawyers have been deposing witnesses and issuing subpoenas for documents to support a challenge to the deal, lawyers close to the review said. Such efforts don't always mean a case will be brought, however.

Mr. Litvack, who was the Justice Department antitrust chief under President Jimmy Carter, has been asked to examine the evidence gathered so far and to build a case if the decision is made to proceed, the lawyers close to the review said.

It isn't clear whether a U.S. challenge would target the Google-Yahoo deal alone or take on broader aspects of Google's conduct in the growing online-advertising business. The agreement with Yahoo, announced in June, gives Google, of Mountain View, Calif., the right to sell search and text ads on Yahoo sites, sharing revenue with Yahoo, which is based in Sunnyvale, Calif.

Display and search-based Web advertising, which are dominated by Google, have transformed the media industry. As a result, a federal antitrust case against Google could set new boundaries for Internet competition, much as the Justice Department suit against Microsoft Corp. a decade ago broke ground applying antitrust law to new technologies.

Google has said the Yahoo deal doesn't violate antitrust law. It has forcefully argued -- in public testimony before Congress and in private meetings with Justice Department lawyers -- that the deal is pro-competition. The companies say they voluntarily delayed closing the deal until early October, to allow the U.S. to complete its review.

"We voluntarily delayed implementation of this arrangement to give the Department of Justice time to understand it, and we continue to work cooperatively with them," Google said. "While there has been a lot of speculation about this agreement's potential impact on advertisers or ad prices, we think it would be premature for regulators to halt the agreement before we implement it and everyone can judge the actual impact."

In a statement late Monday, Yahoo said: "We have been informed that the Justice Department, as they sometimes do, is seeking advice from an outside consultant, but that we should read nothing into that fact. We remain confident that the deal is lawful."

It is relatively rare for the Justice Department to hire a special counsel from outside the department. David Boies was brought in as a special counsel to build the landmark antitrust case against Microsoft in 1998. Stephen Axinn, another well-known New York litigator, was hired to challenge WorldCom Inc.'s proposed buyout of Sprint Corp. The companies abandoned that transaction in 2000 after the department and Mr. Axinn challenged the deal.

Mr. Litvack, who couldn't be reached for comment, resigned last week from Hogan & Hartson LLP, where he was a partner in the Los Angeles and New York offices. A Justice Department spokeswoman also declined to comment.

The Wall Street Journal reported Monday that a group of major advertisers complained to the department about the deal. The Association of National Advertisers, which represents major advertisers such as Procter & Gamble Co. and General Motors Corp., warned that the deal could lead to higher prices and limited opportunities for Web advertisers.

Microsoft also has objected to the deal, saying it would unfairly foreclose competition on the Web. In Senate hearings in July, Microsoft's general counsel, Brad Smith, testified that "if search is the gateway to the Internet, and most people believe that it is, this deal will put Google in position to own that gateway and the information that flows through it."

Source: Wall Street Journal

Sunday, September 7, 2008

North Korea ‘uses doubles to hide death of Kim’

Michael Sheridan, Far East Correspondent

Is Kim Jong-il for real? The question has baffled foreign intelligence agencies for years but now a veteran Japanese expert on North Korea says the “dear leader” is actually dead – and his role is played by a double.

The expert says Kim died of diabetes in 2003 and world leaders including Vladimir Putin of Russia and Hu Jintao of China have been negotiating with an impostor.

He believes that Kim, fearing assassination, had groomed up to four lookalikes to act as substitutes at public events. One underwent plastic surgery to make his appearance more convincing. Now, the expert claims, the actors are brought on stage whenever required to persuade the masses that Kim is alive.

The author has been derided by rival analysts of the hermetic communist state. Yet so few facts are known about North Korea’s ruling dynasty that some of the strange things reported in Professor Toshimitsu Shigemura’s bestselling book cannot be readily explained.

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Saturday, September 6, 2008

Bigger than Titanic?

Director Cameron says his next film, Avatar, far beyond anything he has ever done

James Cameron famously crowned himself "king of the world" after his epic film Titanic swept the Oscars a decade ago.

But as the director heads to Canada for this weekend's Walk of Fame celebrations, he boasts that his watery 1997 blockbuster starring Leonardo DiCaprio and Kate Winslet pales in comparison to his latest project, Avatar.

"It makes Titanic look like a picnic," Cameron said recently during an interview from Los Angeles, where he is working furiously on the new film.

Even Cameron, 54, finds it hard to describe the hugely ambitious Avatar, which is being made in stereoscopic 3-D and combines live action and computer animation.

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Friday, September 5, 2008

New Ghostbusters Movie!

Columbia Scaring Up Ghostbusters RevivalThursday September 4

Los Angeles (E! Online) - No need to believe in UFOs, astral projections, mental telepathy, ESP, clairvoyance, spirit photography, telekinetic movement, full trance mediums, the Loch Ness monster and the theory of Atlantis.
Just believe that the allure of nostalgia and a monster paycheck is strong enough to get Bill Murray to strap on that positron collider again.
Variety reports that Columbia Pictures is gearing up to bring another Ghostbusters film to the big screen, ideally featuring all four main characters from the 1984 blockbuster and its 1989 sequel—Murray, Dan Aykroyd, Harold Ramis and Ernie Hudson.
Both '80s-era films were cowritten by Aykroyd and Ramis and directed by Ivan Reitman.
Lee Eisenberg and Gene Stupnitsky, both executive producers on The Office, have been tapped to pen the new installment—after which, Columbia will approach its would-be leading men.
Eisenberg and Stupnitsky recently collaborated on the Ramis-directed comedy Year One. Despite a handful of small parts over the years in comedies such as Knocked Up and As Good as It Gets, Ramis—who also helmed three episodes of The Office last year—has had more of a career behind the camera since his Egon Spengler days.
While the project remains officially unconfirmed, the general consensus is that getting Murray to suit up after all these years will be the hard part—although the Oscar-nominated thesp deigned to contribute his Dr. Peter Venkman voice for the new Ghostbusters: The Video Game.
After helping to keep the dream alive for the past two decades, Aykroyd told a radio station last year that the idea of another Ghostbusters sequel was still alive and kicking. But...
"It will not happen as a live-action [movie], 'cause Billy [Murray] will not come on, in the live-action stage anymore for it," the veteran character actor said. "But he will voice his part, and we are looking to do it as a CGI animated project."
But who knows what will happen if the script stacks up?
Ghostbusters II didn't exactly recapture the magic of the original, which grossed $229.2 million (at '80s prices) at the box office, but it still brought in $112.5 million and millions more from home video sales.
Besides, even the lamest sequels are usually good for lines like, "Only a Carpathian would come back to life now and choose New York! "

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Dell said to consider sale of factories


Dell said to consider sale of factories
By Rex Crum & Jeffry Bartash, MarketWatch
Last update: 12:41 p.m. EDT Sept. 5, 2008

SAN FRANCISCO (MarketWatch) -- Dell Inc. reportedly might sell its factories as part of a strategy to overhaul its production model to cut more than $3 billion in annual costs within the next two years.
The Wall Street Journal reported Friday that Dell could sell its factories within the next 18 months to contract manufacturers, most of which are based in lower-cost Asian countries. Dell has about 60 manufacturing or research facilities in 20 countries.
The sale of its factories would suggest Dell is still groping for ways to accomplish its goal of improved profits despite the return last year of founder Michael Dell to the role of chief executive.
Venancio Figueroa, a Dell spokesman, said the company wouldn't comment on "rumors and speculation." Figueroa repeated that Dell has said it wants to work more closely with manufacturers in order to "reduce costs and make products in a timely fashion."
Dell has made cutting costs and expanding into new markets part of its mantra since Michael Dell reclaimed his spot as the company's chief executive in January 2007 after being absent from that job since 2004.
And over the past year, Dell has launched a push into the retail sector in the U.S. and international markets, which has put its computers on the shelves at stores such as Best Buy Co. Inc.
Bill Fearnley, an analyst with FTN Midwest Securities, said selling its factories makes sense for Dell for several reasons, and also offers an incentive to potential plant buyers.

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